Top 95 Blockchain Quotes

We believe that cryptocurrency and the use of blockchain can open up the economy to individuals and groups that have been historically excluded or ignored by the free market and financial institutions.

Big companies do not want to disrupt themselves. All they want to do is improve themselves. They see the blockchain as another IT project. It’s going to save money; it’s going improve a process here and there. It’s not going to change their business.

I think the whole narrative of blockchain without bitcoin will amount to very little.

I’m not in the business of bayoneting the wounded. I feel the blockchain revolution is kind of my victory. I don’t care whether I win it, someone else wins it.

The thing that I often ask startups on top of Ethereum is, ‘Can you please tell me why using the Ethereum blockchain is better than using Excel?’ And if they can come up with a good answer, that’s when you know you’ve got something really interesting.

Blockchain technology isn’t just a more efficient way to settle securities. It will fundamentally change market structures, and maybe even the architecture of the Internet itself.

On the blockchain, you have a public ledger, which is the form of ownership. That means you are not doing net settlement – just netting everything down, which means that everything has been turned into fungible numbers.

Study how to write smart contracts, which is the basic unit of programming a blockchain for business purposes. It is the equivalent of being taught HTML and Java during the early Internet days. And master how to create assets or tokenize existing ones on a blockchain.

Within tech, there’s a subgroup of people that are pro crypto and pro blockchain. That’s a very, very robust network and they’re awesome.

I think that governments are going to get disrupted by the blockchain. I think in the same way that the Internet forced everyone to evolve, the Blockchain is going to change the game again.

There are regulators at the SEC and elsewhere who are really excited about the potential of the blockchain. They understand you can build a robust financial system – it would solve all your black swan problems. All kinds of mischief and games that are played in the current system become impossible in this system.

Blockchain Capital has a global investment mandate so it is very possible that we make an investment in India at some point.

Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.

2016 has proven to be the year where the most forward-thinking financial institutions are actually using blockchain technologies for payments and settlement rather than as an experiment.

Before I went to prison, there were not really many blockchain products. It was only bitcoin.

While it may seem scarier in the earlier days, I think ultimately the blockchain creates a safer world.

In fact, blockchain has the potential to fundamentally change how we share information, buy and sell things, interact with government, prove our identity, and even verify the authenticity of everything – from the food we eat to the medicine we take to who we say we are.

A lot of what I see in blockchain promises to get us as an industry from A to Z. As an investor and entrepreneur, I am constantly on the lookout for how we get from A to B.

Blockchain Capital has a global investment mandate so it is very possible that we make an investment in India at some point.

In Seoul, there are plans to create a blockchain ecosystem to make it a city that will be recognized as the center of blockchain in the world.

Everyone, it’s okay to say the word ‘bitcoin’ and acknowledge that it is the actual platform that is driving this innovation that we’re all building on. It’s also okay to say ‘the bitcoin blockchain,’ or ‘the blockchain,’ if you’re afraid that people will think you’re weird.

Blockchain infiltration will be met with resistance because it is an extreme change.

Blockchain software companies may end up being amalgamated into existing software giants, at which point blockchain patents will just become part of the existing patent war.

Before I went to prison, there were not really many blockchain products. It was only bitcoin.

I’m not wed to bitcoin’s blockchain. I’m blockchain-agnostic.

Make no mistake, blockchain will be a game changer, but it is not the answer to every business opportunity or problem.

Blockchain is moving beyond cryptocurrency, and it’s worth paying attention – especially since successful prototypes show that blockchain, also known as distributed ledger technology, will be transformative.

That’s a term that I really like – ‘permissionless innovation’ – because anybody who has an idea and has a solution can tap into or can leverage the Bitcoin blockchain.

If you think about any multiparty process where shared information is necessary to the completion of transactions, and the coordination of activity and the exchange of value, that’s where blockchain technology can be put to good use.

We’re working on making sure that our incentives are in place and that our legislation promotes crypto and blockchain and is forward-thinking. We want to make sure that we’re creating as much of an equity framework from an educational perspective as we possibly can.

Just because you call something a blockchain or an ICO, that doesn’t mean you aren’t subject to normal laws.

Every smart person that I admire in the world, and those I semi-fear, is focused on this concept of crypto for a reason. They understand that this is the driving force of the fourth industrial revolution: steam engine, electricity, then the microchip – blockchain and crypto is the fourth.

In the blockchain world, each user can and should own their data, and ‘central’ players are less vulnerable to data losses and breaches.

Right now, you’ve got three days between a trade and a settlement, with hundreds of millions in settlement risk tied up in that time. That all goes away in a blockchain system because you’ve reunited the trade with the settlement. They’re not two separate processes.

The blockchain does one thing: It replaces third-party trust with mathematical proof that something happened.

There is an opportunity to recreate the financial world as we know it in the parallel universe that is the blockchain. We are writing rules for this whole new universe.

The blockchain is a distributed network that solves all the problems that we have of finance, but more broadly, it’s like a philosophy. It’s a way of life.

t0 is blockchain-agnostic so, ultimately, we can use anybody’s blockchain.

Blockchain Capital was the first dedicated venture fund to invest in crypto and blockchain.

Public blockchains are almost like the public Internet, which is open and widely accessible. If you can get on the Internet, you will likely be able to get on a public blockchain via a specific application.

There’s all these proofs that go on of identity, of records, and they’re quite non-digital. The blockchain innovation really allows us to take everything where there’s record keeping, everything where there’s trust around record keeping, and it allows us to make that digital, immutable, permanent, and global.

I have no problem with the financial industry inviting the Trojan Horse of blockchain technology into their walled garden. Because I know how powerful the technology is.

You’re going to start seeing open-source, self-executing contracts gradually improve over time. What the Internet did to publishing, blockchain will do to about 160 different industries. It’s crazy.

I call the blockchain ‘the Internet of value’ and ‘the Internet of trust.’ Because everything becomes trustless. It’s a big distributed ledger. Think of it like an Excel file that’s being maintained and updated and managed by millions of computers around the world.

The main advantage of blockchain technology is supposed to be that it’s more secure, but new technologies are generally hard for people to trust, and this paradox can’t really be avoided.

The blockchain is an asset normalization platform that can enable a new liquidity in transactions, hence creating large networks of usage and value effects with benefits in speed, cost, quality, or outcomes.

As I was looking around, to me, what was happening in the blockchain and crypto world was a movement.

We’re working on making sure that our incentives are in place and that our legislation promotes crypto and blockchain and is forward-thinking. We want to make sure that we’re creating as much of an equity framework from an educational perspective as we possibly can.

The blockchain is the financial challenge of our time. It is going to change the way that our financial world operates.

The interesting thing about blockchain is that it has made it possible for humanity to reach a consensus about a piece of data without having any authority to dictate it.

Government leaders should get up to speed on the blockchain by understanding it first and committing to exploring its potential.